Savannah, GA 31401,816-818 Drayton
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Savannah, GA 31401,816-818 Drayton
Savannah, GA 31401,816-818 Drayton
Savannah, GA 31401,816-818 Drayton
Savannah, GA 31401,816-818 Drayton
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$ 5,485,000
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816-818 Drayton Savannah, GA 31401

11,349 SqFt


UPDATED:

10/04/2024 05:05 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,349 sqft

Price per Sqft $483

MLS Listing ID 10380482

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1896

Annual Tax Amount $29,453

Tax Year 2023

Lot Size 6,054 Sqft

Acres 0.139

Lot Dimensions 6054.84

Property Description

Discover a prime investment opportunity at 816-818 Drayton St, Savannah, GA. This 14-unit historic apartment building, located on Forsyth Park, offers a blend of timeless charm and modern updates. Just minutes from SCAD, downtown shopping, dining, and major hospitals, the property is ideally situated for maximum rental appeal. With 80% occupancy and room for rental growth, it's poised for significant income potential, making it an exceptional opportunity for investors seeking high ROI in Savannah's most desirable location.

Location

State GA

County Chatham

Zoning Res 25-43 Unit/Acre

Interior

Heating Central

Cooling Central Air, Fans

Fireplace No

Exterior

Parking Features On Street

Utilities Available Electricity Available, Water Available

View Y/N No

Garage No

Private Pool No

Building

Lot Description City Lot

Faces From Derenne Ave, head down Abercorn Street towards Victory Drive. Turn Left on Victory Drive. Turn Right on Drayton Street. Travel 1 mile, destination will be on right hand side across from Forsyth Park

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Others

Tax ID 20044 13038

Special Listing Condition Updated/Remodeled


Georgia MLS - GAMLS
agent

Jordan Gallup

Advisor | License ID: 3334633

+1(904) 760-9393

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816-818 Drayton